RCS - Vertu Motors PLC - Vertu further expands Skoda presence

Vertu MotorsAnnouncement

04/11/2025 07:02

For best results when printing this announcement, please click on link below:
https://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20251104:nRSD0098Ga&default-theme=true

RNS Number : 0098G  Vertu Motors PLC  04 November 2025

RNS Reach

4 November 2025

 

Vertu Motors plc

 

("Vertu Motors" or the "Company")

 

Vertu further expands Skoda presence with Leicester dealership acquisition

 

Vertu Motors plc, the fourth largest automotive retailer in the UK, is pleased
to announce the addition of a fifth Skoda dealership to its nationwide
portfolio, following the successful acquisition of Skoda Leicester from
Marshall Motor Group Limited. This dealership commenced operations under Vertu
ownership on 1 November.

 

The newly acquired site, which will rebrand as Vertu Skoda Leicester, joins
the Group's existing Skoda sites in Darlington, Derby and Chesterfield, and
the recently opened dealership in Nottingham. Vertu Skoda Leicester will
continue to operate from its existing leasehold site on Groby Road, becoming
the Group's third site in the city, alongside the Vertu Renault/Dacia and
Toyota dealerships.

 

The acquisition of Skoda Leicester further strengthens Vertu's relationship
with one of the UK's best-selling automotive brands and expands its footprint
in the East Midlands.

 

Adrian Skow, Vertu Skoda Franchise Director, said: "We are delighted to have
acquired Skoda Leicester in a move that further cements our relationship with
the brand, and which also helps to boost our presence in the key East Midlands
region. We look forward to working with new colleagues at the dealership, and
welcoming new and existing customers at the site to Vertu."

 

Robert Forrester, Vertu Motors Chief Executive, said: "The East Midlands is an
important area of growth for Vertu, so we are thrilled to add another
dealership in the region to our portfolio. Skoda Leicester is a fantastic site
in a prime location within the city and will be a strong addition to the
Group."

 

 

ENDS

 Vertu Motors plc

                                                                              Tel: +44 (0) 191 491 2121
 Robert Forrester, CEO
 Karen Anderson, CFO

 Phil Clark, Investor Relations

 Stifel (Nominated Adviser and Joint Broker)               Tel: +44 (0) 207 710 7688
 Matthew Blawat
 Callum Stewart

 Shore Capital (Joint Broker)                                                 Tel: +44 (0) 20 7408 4090
 Mark Percy / Sophie Collins (Corporate Advisory)
 Isobel Jones (Corporate Broking)

 Camarco                                                                      Tel: +44 (0) 203 757 4980
 Billy Clegg
 Tom Huddart

 

 

 

 

 

Notes to Editors

 

Vertu Motors is the fourth largest automotive retailer in the UK with a
network of 194 sales outlets across the UK.

 

Vertu Motors was established in November 2006 with the strategy to consolidate
the UK motor retail sector.  It is intended that the Group will continue to
acquire motor retail operations to grow a scaled dealership group.  The
Group's acquisition strategy is supplemented by a focused organic growth
strategy to drive operational efficiencies through its national dealership
network.

 

Vertu's Mission Statement is to "deliver an outstanding customer motoring
experience through honesty and trust".

 

Vertu Motors Group websites - https://investors.vertumotors.com /
www.vertucareers.com

Vertu brand websites - www.vertumotors.com / www.vertumotorcycles.com

 

This information is provided by Reach, the non-regulatory press release distribution service of RNS, part of the London Stock Exchange. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact
rns@lseg.com (mailto:rns@lseg.com)
 or visit
www.rns.com (http://www.rns.com/)
.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our
Privacy Policy (https://www.lseg.com/privacy-and-cookie-policy)
.   END  NRAFSFFUDEISELF



            Copyright 2019 Regulatory News Service, all rights reserved